EFCEM
survey of European and UK suppliers shows positive attitude to the future
Foodservice equipment
companies across the UK and Europe are broadly positive about their future
prospects, according to the latest business survey from EFCEM (the European
Federation of Catering Equipment Manufacturers). The UK’s FEA (Foodservice Equipment
Association) is a member of EFCEM.
The survey, conducted in June
2021, had respondents from France, Germany, Spain, Ireland, Italy, Portugal,
Sweden and Switzerland as well as the UK.
73% were manufacturers, 30% dealers and distributors, and 8% were service
companies, with the remainder including trade associations and design
consultants.
More than two thirds said that
current sales were over 60% of pre-Covid levels, with a quarter saying they
were at 90% or above. Looking to the
future, 46% expect to be at 100% of pre-Covid levels by the June 2022, and 63%
expect to be at 100% by December 2022.
Getting payment from customers
had been an issue in previous surveys, but the figure in June was relatively
low at 19%.
“These are very positive
figures, especially given the grim market conditions of the past 18 months,”
says Phil Williams, EFCEM president. “More
customers are paying on time, too. The
picture is probably just about as good as it could be.”
Respondents were also positive
in terms of support from their governments, with 48% saying they had received
grants or loans. In fact, 100% of those
who had applied for grants or loans had been successful. On the down side, 100% of those making a Covid-related
claim from an insurance company had been unsuccessful.
Nearly all those replying said
that at least some staff had received government support for their
salaries. As support ends, just over 20%
said they were likely to make redundancies, but that leaves nearly 80% looking
to retain staffing levels.
Governments across Europe have
announced a variety of recovery plans with specific support for the foodservice
equipment industry, or for hospitality, or both. “We welcome the 30% higher subsidy on
energy-optimised kitchen appliances across Europe,” says Williams. “It ties in very clearly with our net zero
carbon plan for the industry.”
Copies of the survey summary
are available on request from FEA.
The
Foodservice Equipment Association (FEA)is the independent, authoritative voice of the
foodservice equipment industry, representing nearly 200
companies who supply, service and maintain all types of commercial catering
equipment - from utensils to full kitchen schemes. For more
information on FEA visit www.fea.org.uk
Press
Enquiries:
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Publicity Works: 01263 761000; fea@publicityworks.biz
For more news about FEA visit the
press office at www.publicityworks.biz
Keith Warren, FEA: 020 7793 3030
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